AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23210, 2 December 1938, Page 7

AUSTRALIAN EXCHANGES

INDUSTRIALS WEAKER TARANAKI OILS RECOVER (Received December 1, 5.5 p.m.) SYDNEY, Dec. 1

SLIGHT UPWARD TREND LONDON STOCK EXCHANGE LONDON, Nov. 30 The tone of the London Stock Exchange was brighter to-day. There was a general slight upward trend following : Sir John Simon's loan statement. I ! i ; CALL AND DIVIDEND LIST Dividends— Due Clutha Dredprinsr—int., %d stf?. a share (less British income tax) . . . . . . To-morrow Victoria Nyanza—(> p.c. p.a. .. Dec. 7 Consolidated Brick—int., 2 p.c. Dec. 7 Loloma—ls a Blure .. . . Doc. 8 North Broken Hill—(ld a share Dec. 8 Rawarn? Concessions —Od (stsf.) a Hharo • , ~ Dec 8 Mooniigrht Goldfiolds—7% p.c. .. Doc. 0 Bulolo—int., 1.50 dol. (Canadian), less tax .. .. Dec. 0 Placer—int.. (JO cents (Canadian), less tax .. .. Dec. f) N.Z. Breweries —int., 4 p.c. .. Doc. 10 Bank N.Z. —int., ord., la a share; D inort, 3% p.c, , . Dec. 10 Gordon and Gotch—half-yearly, (J p.c.; bonus, 1 p.c.; prer., 4 p.c. .. ~ ~ Dec. 13 Broken Hill South—Od a share Dec. 15 P. and 0. Dof. —final, 2% p.c.j bonus, 3 p.c. ~ .. Dec. 15 Oomininp Breweries—int., 11 p.c. pa. .. .. .. .. Dec. 16 Mt. Lyell—final, 1b a share .. Dec. 10 Devonport Ferry—int., 5 p.c. p.a. Dec. '2O McKenzics—int., 7 p.c. . .. Dec. 20 Sulphide Corpn.—prof.. Is sterling a share .. .. Dec. 22 Morris ITedstrom—int., 3 p.c. .. Dec. 31 Woolworths Props, (pf.)-—half-year, 0 p.c. p.a on amt. paid up .. .. Jan. 15 Calls — • Dominion Breweries—new, 2nd, 5s a share .. .. ~ Dec. 14

The Stock Exchange to-day was fairly active, but industrials were weaker, especially shared in retail stores. Sales included: — £ S U Commercial Banking, Sydney 20 5 0 Bank New South Wales .. 20 13 0 Bunk New Zealand 2 0 0 New Zealand Insurance 2 12 3 Howard Smith 0 18 9 Tooth's Breweries 2 13 3 Ditto 2 13 0 Toohey's 1 10 0 Carlton 3 7 0 Anthony Hordern 0 14 8 Ditto 0 14 9 Associated News 113 Australian Glass .. 5 1 6 Ditto 5 10 Amalgamated Wireless (nd.) 3 3 0 Broken Hill Pty. 2 16 0 Burns, Philp 2 11 3 British .Tobacco 2 7 6 Colonial Sugar .. .. 46 10 0 Ditto . . .. 47 0 0 Cash Orders, Amalgamated 0 15 0 Ditto (nref.) Ditto (K.Z. delivery) 14 0 1 4 0 Electrolytic Zinc Farmers' 2 5 0 10 0 General Industries 0 18 9 Gordon and Gotch 2 16 0 Henry Jones (ex div.) 2 8 6 Ditto 2 8 0 Newbold Brick 10 3 Malleys Traders' Finance 10 6 119 W. Adams 0 15 3 Mount Morgan 0 0 6 Mount Lyell 10 0 Larut Tin 0 11 0 Placer Development 3 13 0 Loloma 12 6 Taranaki Oil 0 11 10 Austral New Zealand 12 3 Commonwealth Bonds.—3% per cent, 1040, £09 6s 3d; 3%, 1051, £00 2s Od; 4, 1053. £103 is 3d; 1051-50, £102 7s Od: 1051-61, £102 15s. MELBOURNE EXCHANGE On the Melbonrne Exchange industrials were quiet with little variation. Barriers firmed on better oversea news. Fijian gold shares were still weak. Taranaki Oils were supported on New Zealand account. Business included:— Commercial Bank Australia £ S (I 0 15 11 Nat. Bank A'asia (£5) . . 6 10 0 Capel Court Trust 0 3 6 Australian Foundation Trust 0 4 8 Australian Paper Mfrs (pf.) 1 5 O Australian Glass .. 5 0 0 Broken Hill Pty 2 16 0 British Tobacco 2 7 6 Drug Houses 1 a 0 Dunlop-Pcrdriau 10 6 G. J. Coles 3 10 0 Imperial Chemicals (pref.).. 13 0 Mount Morgan 0 0 7 Mount Lyell 1 P 0 Emperor 0 9 0 Loloma 12 0 Taranaki Oil 0 11 3 FOREIGN EXCHANGES STERLING STRONGER AGAIN British Wireless RUGBY, Nov. 30 The following rates on foreign exchanges are current, compared with the cabled quotations yesterday and par:— Nov. 30 Nov. 20 Par Montreal, dol... 4.71% 4.08% 4.806 New York, dol. 4.00 4 /« 4.66VJ 4.86 Paris, fr. .. 1.78% 178% 170.00 Brussels, belga. . 27.7.1 27.52% 35.00 Geneva, fr. 20.01 20.48% 25.22 Amsterdam, gr. 8.61 8.55 12.10 Milan, lire .. 88 l4 / 10 88 7 / in Berlin, r.m. .. 11.68 11.62 02.00 20.43 Stockholm, kr... 10.41 10.41 18.159 Copenhagen, kr. 22.40 22.40 Oslo, kr. .. 10.00 lo.oo 18.159 18.159 Prague, kr. . . 136% 135% Helsingfors, mark 226% 226% 164.25 103.23 Madrid, pes. .. + t 25.221 Lisbon, escu. .. 110% 110% Athens, df. .. 547% 547% 110 375.00 Bucharest, lei... 0o5 655 813.6 Rio de Janeiro, m. 3Vi#d 3%«d 5.800d Buenos Aires, pes. 20.67 20.50 11.45 Montevideo, dol. 18%d 18%d Gld Bombay, rupee.. 17 ls /i a d 17 59-64d 18d Shanghai, dol... ttVid 8%d — Hongkong, dol. 15d 15d — Yokohama, yen 14d 14d 24.58d Batavia, gr. .. 8.56% 8.53% ' 12.10 Belgrade, din. .. 211 211 276.31 Warsaw, zloty .. 25.55 25.55 43.38 NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of Now South Wales) quoted the following dollar rates yesterday on a New Zealand currency basis, subject to alteration without notice: — Selling: United States Canada T.T 3.72%, 3.74% On demand ,. 3.72%# 3.74% Buying: 3.80%, On demand .. 3.77%» Following are the latest rates for purchases and sales of foreign exchange quoted by the Bank of New South Wales, Auckland. They are subject to alteration without notice:— : To £1 N.Z. T.T. On Demand Currency Selling Buying Selling U.S.A., dol. . . 3.7300 3.7840 3.7310 Canada, dol. .. 3.7458 3.8147 Belgium, belga 21.024 22.551 3.7468 V 21.020 Czccho'vakia, cr. 106.30 — 106.32 Denmark, kr. . 17.686 18.278 17.688 Finland, marks 176.00 186.55 176.10 France, fr. .. 140.44 — 140.46 Germany, r.m. . 9.100 — 0.192 Greece, drachmas 418.68 — 418.83 Holland. 11. .. 6.784 7.079 6.786 Italy, lire .. 70.57 — 70.60 Java, fl. .. 6.749 7.049 6.751 Norway, kr. .. 15.704 15.767 15.707 Noumea, fr. .. 136.94 136.08

Papeete, fr. .. 1 37.24 — 137.28 Sweden, kr. .. 15.315 15.877 15.318 Switzerland, fr. 16.277 16.847 16.279 N.Z. pence to— Chefoo, dol. .. Nominal Hongkong, dol. 19 3-32 1813-32 10 3-32 India, rupee . 22 41-64 22 7-64 22 41-64 Ceylon, rupco . 22 41-64 22 7-64 22 41-64 Japan, yen .. 17% — 17 3 / 4 Manila, peso Nominal Shanghai, dol. . Nominal Singapore, dol. 3519-64 34 25-64 3519-64 The cost in New Zealand currency of the pound sterling, and of the principal overseas units, on the latest quotations, is as follows:— Present Price Par s d s d London, pound 25 0.00 20 0.00 Australia, pound . 19 11.88 20 0.00 ■Tiji, pound . tfew York, dollar . 22 5.66 20 0.00 5 4.28 4 1.31 Montreal, dollar . 5 3.67 4 1.31 : j aris, franc . Jerlin, reichsmark ■ 0 1.68 0 1.34 2 1.80 0 11.74 Copenhagen, krone 1 1.30 1 1.22 Yokohama, yen . 1 5.50 2 0.58 CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at the date of departure of vessels named aro shown in the folowing table:— 3 ort Auckland, Canada, dollars .. 4.81 Auckland. America, dollars .. 4.7(1 jimorifck, Canada, dollars .. 4.70 .limerick. America. dollars .. 4.70